1 definition by BantersaurusRex123

An adjective that is used to describe a situation that is unfortunate but still acceptable. 'Palm' is a portmanteau word that blends the words 'peak' and 'calm.' The term originates from the suburbs of North West London.
"Are you going to be at that party on Saturday, fam?"
"Nah bro I've got to go to my aunt's wedding that night."
"Ahh that's palm. Guess I'll see next week then."
by BantersaurusRex123 August 2, 2016
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